Capital Markets

Company Overview of AB Equity Income Fund, Inc.

Company Overview

AB Equity Income Fund, Inc. is an open ended equity mutual fund launched and managed by AllianceBernstein L.P. It invests in the public equity markets of the United States. The fund seeks to invest in the stocks of companies operating across diversified sectors. It invests in value and dividend-paying stocks of large-cap companies within the range of the S&P 500 Index. The fund employs a combination of fundamental and quantitative analysis by focusing on factors such as company’s financial performance over a full economic cycle, including a trough and a peak, within the context of forecasts for real economic growth, inflation and interest rate changes, valuations implied by the current price...

AB Equity Income Fund, Inc. is an open ended equity mutual fund launched and managed by AllianceBernstein L.P. It invests in the public equity markets of the United States. The fund seeks to invest in the stocks of companies operating across diversified sectors. It invests in value and dividend-paying stocks of large-cap companies within the range of the S&P 500 Index. The fund employs a combination of fundamental and quantitative analysis by focusing on factors such as company’s financial performance over a full economic cycle, including a trough and a peak, within the context of forecasts for real economic growth, inflation and interest rate changes, valuations implied by the current price, relative to the earnings the company will be generating five years from now, or "normalized" earnings, and assuming average mid-economic cycle growth for the fifth year to create its portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index. The fund conducts internal research to create its portfolio. It was formerly known as AllianceBernstein Equity Income Fund, Inc. AB Equity Income Fund, Inc. was formed in October 18, 1993 and is domiciled in the United States.

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